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International Conference on Engineering and Business Management (EBM 2010 PAPERBACK)

Chengdu,China,China,3.24-3.26,2010

ISBN: 978-1-935068-05-1 Scientific Research Publishing, USA

Paperback 6066pp Pub. Date: March 2010

Category: Engineering

Price: $280

Title: Research on Firm Resource-Based Competitive Advantage
Source: International Conference on Engineering and Business Management (EBM 2010 PAPERBACK) (pp 836-838)
Author(s): Chun-hong LU, Jiangxi University of Finance and Economics, Nanchang, China
Abstract: Abstract: Competition principle is to “Select the superior and eliminate the inferior, the survival of the fittest” (citation). Competitive Advantage (CA) is the cornerstone and source of the survival and development of firm, firm resources are the basis of CA. This paper takes for that physical resources are the basis of the survival and development of firm. Intangible resources are built on the basis of physical resource, firm capabilities are built on the basis of physical and intangible resources. CA is built on firm resources. Therefore, obtaining and nurturing firm resources are the best way that firm builds competitive advantage.
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